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| Thursday, 2 February 2012, 09:00 HKT/SGT | |
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Vancouver, BC, Feb 2, 2012 - (ACN Newswire) - IPE InvestmentPitch Enterprises, a video content producer for the investment community, and operator of the www.InvestmentPitch.com website, has released the company's financial results for the fiscal year ended December 31, 2011.
The company reported a net loss of $174,966 or $0.014 per share for the year ended December 31, 2011, compared to a net loss of $330,119 or $0.03 for the year ended December 31, 2010. Revenues increased 223% from $68,358 in 2010 to $220,928 in 2011, with gross profit up 341% from $28,682 to $126,390.
During 2011 the company successfully launched its new "video news alert" product, which changes the way investors access news releases and research reports. The company specializes in producing short three minute videos based on important news releases, research reports and other news that can be better presented in video rather than text format.
What makes this product truly unique is that the company can produce the video within a couple of hours from the time it receives the original text. After receiving the initial content, the company acquires pictures, maps, charts, and other multimedia required to produce the video, which is delivered by one of the company's anchor girls.
This service is particularly valuable when it comes to viewing research reports. Investors usually only have access to research reports produced by their own brokerage firms or other paid subscription services. InvestmentPitch.com works closely with the various producers of research reports, and after their clients have had a short period of time to execute trades based on the reports, the reports are provided to InvestmentPitch for video production. Upon viewing an interesting video, an investor will often contact the public company or the investment firm directly for a full version of the report.
Barry Morgan, company founder and CFO stated, "The company has been successfully executing its business model to create the go to place for video content that addresses the small and micro-cap market. Rather than trying to build revenues as quickly as possible, we've concentrated on developing new products and growing our user base. Ranking service Alexa.com now places us among the top 200,000 sites in the world, out of the more than 150 million active websites."
In addition to hosting these videos on its own site, InvestmentPitch.com is an official content provider to Thomson Reuters' "Reuters Insider" video on demand platform. The video content is made available to Reuters' subscriber base of financial professionals, which numbers more than 600,000. Reuters Insider describes the service as "Providing financial multimedia content that goes beyond the headlines to its give customers actionable, timely ideas."
To further increase the exposure for its customers' brand, each video is posted on a number of worldwide video sharing sites. To drive traffic to new videos, the company also disseminates an international media release with direct links to the video.
To better understand the products and the power of InvestmentPitch.com's distribution network, please view this short video.
Ted Ohashi CFA, a special advisor to the company, and a regular contributor of video interviews of corporate management stated, "In the past year, video continued to expand its indispensable position in modern communications. Because of technological advances, video is no longer a higher cost, specialized medium. It is a mainstream product with significant advantages over text. For its part, Investmentpitch solidified its leadership position in the application of video in the small cap, public company market. The outlook for IPE's business model is stronger than ever."
For more information please call +1-604-684-5524.
CONTACT
InvestmentPitch.com
Barry Morgan, CFO
+1-604-684-5524
bmorgan@investmentpitch.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2012. All rights reserved.
Topic: Press release summary
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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